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Committee advances HB 4052 A, a temporary tax credit for newly chartered Oregon banks, to the House floor
House Committee on Revenue · February 18, 2026
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Summary
HB 4052 A would provide a corporate income tax credit to new Oregon‑chartered banks (de novo banks) for their first three years, capped at $1 million annually per eligible bank; LRO said no currently known eligible banks and the revenue impact is minimal. The committee moved the bill to the floor with a due‑pass recommendation.
LRO staff summarized HB 4052 A as a narrowly tailored corporate income tax credit for newly chartered Oregon banks during their first three years of operation (de novo banks). The credit equals the bank's…
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